Bitwise, a cryptocurrency index fund manager, has pledged to donate 10% of the proceeds from its Bitwise Bitcoin ETF to support the open-source development of BTC. This move comes in the wake of the recent approval of the investment product, a development that has been eagerly awaited within the industry.In a thread on X on […]
In a historic move, the U.S. Securities and Exchange Commission (SEC) has approved the first U.S.-listed exchange-traded funds (ETFs) that track Bitcoin. This approval of 11 Bitcoin ETFs is causing a stir in the financial world, with both experts and investors predicting significant impacts on the cryptocurrency market. This development is of great importance for […]
The U.S. Securities and Exchange Commission (SEC) approved 11 Spot Bitcoin ETFs on Wednesday, following years of rejecting numerous ETF applications from various issuers. The SEC’s action is limited to ETPs that hold a non-exchange-traded commodity, Bitcoin. This should not signal the Commission’s readiness to approve the introduction of standards for cryptocurrency asset titles, according […]
US Senator Elizabeth Warren has voiced her disapproval of the Securities and Exchange Commission’s (SEC) recent decision regarding a Bitcoin Exchange-Traded Fund (ETF). The senator has been vocal in her criticism, stating that the SEC was wrong in its decision.Warren, known for her stringent stance on financial regulations, has called for the implementation of strict […]
Asset management giant Vanguard has reportedly decided not to allow the purchase of spot Bitcoin exchange-traded funds (ETFs) on its platform, a move that has led some customers to consider leaving. The company stated that it will not offer the new spot Bitcoin ETFs on its brokerage platform as they do not align with its […]
Cathie Wood, the founder and CEO of Ark Invest, has been a prominent figure in the media discussing the first US-approved spot Bitcoin ETF (Exchange Traded Fund). Both Wood and her asset management firm have been long-term advocates of the cryptocurrency.In a recent interview with the Schwab Network, Wood revealed that approximately 25% of her […]
The inaugural day of trading for a new collection of Bitcoin exchange-traded funds (ETFs) was a resounding success, with BlackRock, Grayscale, and Fidelity’s ETFs leading the pack in total volumes. However, one issuer didn’t get off to the anticipated start.According to data aggregated from Yahoo Finance, the total volume across ten of the spot Bitcoin […]
The US Securities and Exchange Commission (SEC) has approved 11 spot Bitcoin (BTC) Exchange Traded Funds (ETFs) on January 10, 2024. This decision marks a significant milestone for the cryptocurrency industry. The focus now shifts to a spot Ethereum (ETH) ETF.Bloomberg ETF analyst Eric Balchunas predicts a 70% chance of the SEC approving an Ethereum […]
Big news on the crypto horizon: Ethereum could be next in line for an ETF spotlight! With Bitcoin ETFs already making waves, the anticipation around an Ethereum ETF is buzzing through the finance world. Will the SEC give the green light? Let’s dive into the possibilities and what this could mean for Ethereum’s future.ETHEREUM ETF: […]
Major crypto data aggregator, Coingecko, recently fell victim to a hacking incident where its official accounts were briefly taken over. The hackers used this opportunity to promote a fake token launch and airdrop. This incident marks the second such hack within a 24-hour period, with the U.S. Securities and Exchange Commission’s account also being compromised.Coingecko […]
